BioProspect Limited - Undertakings
The Takeovers Panel today accepted undertakings in relation to the application dated 2 April 2008 (see TP08/22) by BioProspect Limited (BPO) in relation to the affairs of BPO.
To maintain the status quo, the Panel has made interim orders on the application dated 18 February 2008 from Mt Gibson Iron Limited in relation to its affairs.
The Panel has decided to commence proceedings in relation to the application.
Allan Bulman
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3535
allan.bulman@takeovers.gov.au
The Panel advises that it has made a declaration of unacceptable circumstances (Annexure A) and final orders (Annexure B) in relation to an application dated 11 February 2008 by Allegiance Mining NL (Allegiance) in relation to the affairs of Allegiance (TP08/06).